Problem $2-$ Perpetual Adjustments & Calculations: Below you will find a partial unadjusted trial

balance for Jones Corp as of $\frac{12}{31}\frac{?}{22}.$

Year$-$end physical inventory indicated $$55,000$ in inventory on hand.

Gross profit for the year was expected to be $45\mathrm{.}5\%.$

Required: Based on the above calculate the following

a$.$ Cost of goods sold.

b$.$ Either a measure of inventory shrink or an explanation of why none would be available.